Press and daily Dakotaian. (Yankton, Dakota Territory [S.D.]) 1880-1889, 1887-11-14
WEEKLY TRADE BULLETIN
A BETTER CONDITION GENERALLY
NOTED b. r. G. DUN & CO.

The Elections and the Anarchist Execu-
tion Have Diverted Attention From
Trade, but All Sources Show an In
creased Volume of Business.
New YORK, Nov. 12.-R. G.. Dun g.
|. Co. s weekly review of trade will say:
The elections and the anarchists have di-
verified attention somewhat during the
week, blu an advance in prices has been
started by the government crop reports,
and speculative operations since have
been remarkably large. The cotton esti-
mate of $500, 600 bales, though less IN.
favorable than some of the previous re-
/ ports, caused an excited rise Of 1876 for
the week, the sales in three days reaching
1858, 900 bales. The advance in materials
supported an advance in many makes of
cotton goods. The estimate for corn
90, DOC, 900 bushels below that of last
month-caused excitement in the grain
/ and provision markets. Corn rose l
cent for the week, oats 5-8c, wheat 3-4c;
pork and lard were excited and advanced;
hogs rose 10c and beef SOC per hundred.
Meanwhile liquidation abroad caused a
fall of 1-2c in coffee, and the reaction
from previous booms reached 1-2c in cop
per, z 3-4c in tin, and lie in oil
Stocks seemed stronger until Thurs
day, when accounts of the probable
fatal illness of sthe German crown
prince caused q sharp reaction In Berlin
and other continental markets, and some
in selling here on foreign account, but
the opening was again stronger Friday.
The reasoning that Americ IN securities
will ultimately be more in demand
abroad, IT the situation or the continent
becomes unsettled orr warlike, needs to
be taken with some allowance; the great
body of such securities now held abroad
in part by persons who will realize at the
t1rst alarm, or when active speculation
or demand for money at home springs up,
may at any time be diminished by sales.
The approach of a session of
with the usual disquieting prospects and
agitation, is not overlooked. Trade dis
counts from all sections are favorable as
to the volume of business, to which testi-
mony IS borne by the increase of / 1-2
per cent. in clearings outside of New
York, by the complaint i'll many direc-
tlons of the scarcity of rolling stock, and
by the general increase of about 10 per
cent. in railroad earnings ever last year.
But there are still reports OF. slow collec-
lions at many points, notably at Detroit,
and Kansas City, while improvement in
that respect is noted at Omaha, st. Paul
n several southern cities. Extra eau
tion in lending appears at Cincinnati, a
surprisingly sustained demand for loans
to interior towns at Chicago, a disqulet-
ing bank failure at st. Louis, and a feel
ing that trade may have been a little
nUnr1nna 10 ayrraunaI ~ n s3,I.l-I.-
Heavy sales of Atchison stock al. Boston
are also supposed to indicate some
pressure there. Iron is a shade stronger
in tons in spite of the enormous produce
ton, which was 142, 831 tons weakly, Mo-
vember l against 140, 651 October i.
and about 100, 000 tons a year ago,
A sale of steel rails netting $31. so is re-
ported, but a consultation of makers is
thought likely to restore: steadiness, and
the demand for bar is a little better.
Coal is in great demand, and the output
for the last of October was 721,1 tons.
against IT'S, $3.50 last year, although the
Lehigh strike still cuts off about a
quarter of the possible production.
Scarcity and high prices prevail in the
Ohio valley, owing to prolonged low
water. Boot and shoe buyers are unus-
ually numerous for the season, and
d very IGH trale IS promised.
The advances in cotton goods are sus-
tanned by a large demand, and print
cloths advance. Wooden goods also
seem in better request, and fine wool is
more firmly held. Foreign trade for two
weeks past has shown a decline of III
per cent. in exports from New York, and
an increase of 5 per cent. in imports here.
The exports of cotton in October were
297, DOC, 600 pounds, worth $3.50, 97l, 44s, or
30 per cent. over last year, and an in
crease of per cent. appears in oil ex-
ports, but the breadstuffs movement
has been declining. The treasury, by
adding ST., 500, 600 to its bank deposits.
has avoided any increase in its cash, and
this resource is expected to be employed
to prevent stringency until congress as
sembles. The business failures occurring
throughout the country during the last
seven days, number for the United States
l95, and for Canada %, or a total of 217,
as compared with245 last week and ZIG
the week previous to the last. For the
same week last year the figures were 23i,
1913 in the United States u 80 in Canada.